Tech Mahindra's PAT declines 51 per cent to Rs 2,358 crore in FY24


New Delhi, Apr 25 (IANS): IT software major Tech Mahindra on Thursday reported its consolidated profit after tax (PAT) at Rs 2,358 crore for FY24, down 51.2 per cent (year-on-year).

"FY24 posed its fair share of challenges for the IT services sector; yet, amid the global economic uncertainties, we continue to observe a notable push towards digital adoption," he added.

The company had a total headcount of 145,455 in FY24, down 795 (on-quarter).

"We are confident that our actions will lead to steady earnings growth in the coming years. We will continue to focus on operational excellence and cost savings to deliver superior shareholder returns," said Rohit Anand, Chief Financial Officer, Tech Mahindra.

 

  

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Title: Tech Mahindra's PAT declines 51 per cent to Rs 2,358 crore in FY24



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